Randy Hassen Of McKibbon Equities Acquires Hilton Garden Inn Orlando For $31.8M
5058 Millenia Boulevard
$31,800,000
Building Size
—
Asset Type
Hotel
Closing
Jul 1, 2025
AI
The hotel asset involved in this transaction is the Hilton Garden Inn located at 5058 Millenia Boulevard in Orlando. The sale price for this property was $31,800,000, equating to $240,909 per room for the 132-room hotel.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $31,800,000
- Buyer: Randy Hassen - McKibbon Equities
- Seller: Akber Jamal & Gulati Law
- Broker: Julian Mazili - Mazili Hotel Group
- Lender: Valley Bank
- Keys: 132
- Price Per Key: $240,909
Randy Hassen represented McKibbon Equities in the acquisition of the Hilton Garden Inn, while the transaction was brokered by Julian Mazili from Mazili Hotel Group. The financing for the acquisition was provided by Valley Bank, ensuring the completion of this hotel property transaction.
Players
Orlando Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93